This master's thesis describes industrial combined heat and power technology for an industrial consumer. Based on information from the industry, equipment manufacturers and relevant literature, an appropriate technology was chosen, energy and mass balance equations were written for main components. Numerical model of gas turbine with heat recovery steam generator was built in Simtech's IPSEpro software, monthly averaged data was input, outputting simulation results. The model's performance shows good correlation with similar technologies used in practice. Results were described and analysed, the model is capable of following the partial load settings dictated by actual steam and electricity demand. Economic analysis was performed, showing potential savings for two different regimes of operation.
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